Ferrovial (OTCMKTS:FRRVY) Price Target Lowered to €34.00 at Morgan Stanley

Ferrovial (OTCMKTS:FRRVY – Get Rating) had its price objective reduced by Morgan Stanley from €36.00 ($39.13) to €34.00 ($36.96) in a research report report published on Monday, The Fly reports.

A number of other research firms also recently commented on FRRVY. Barclays downgraded shares of Ferrovial from an overweight rating to an equal weight rating in a research report on Thursday, January 13th. JPMorgan Chase & Co. cut Ferrovial from an overweight rating to a neutral rating and set a $30.00 target price on the stock. in a report on Friday, January 7th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, Ferrovial has an average rating of Hold and an average price target of $31.41.

OTCMKTS:FRRVY opened at $26.77 on Monday. The company has a quick ratio of 1.32, a current ratio of 1.38 and a debt-to-equity ratio of 1.63. Ferrovial has a 12 month low of $24.54 and a 12 month high of $32.74. The company has a 50 day simple moving average of $27.15 and a two-hundred day simple moving average of $29.01.

Ferrovial Company Profile (Get Rating)

Ferrovial SA engages in the investment and development of transportation infrastructures. It operates through the following segments: Construction, Toll Roads and Airports. The Construction segment designs and performs of all manner of public and private works, including most notably the construction of public infrastructure.

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